Granges drilling Windflower project
Diamond drilling is under way at Windflower Mining’s Goldfinch property southeast of Revelstoke, B.C. Project operator Granges Exploration confirms that 10,000 ft of diamond drilling will be completed…
News
Editorial Turning back the clock for risk takers
NOW YOU SEE IT — NOW YOU DON’T] Just what gives with that flip-flop on capital gains taxation as now proposed by Finance Minister Michael Wilson in his recent White Paper on tax reform? Wasn’t he on…
Real turnaround for Canreos under Belmoral Mines’ wing
There has been quite a turnaround in the affairs of Canreos Minerals. Under strong new management that has moved this company from the brink of insolvency into a healthy financial position, it is now…
Junior mining policy released for comment
The Ontario Securities Commission has released its new junior mine financing policy for public comment until July 30. It is expected that the policy will become official by September. The policy is ba…
Terra high on gold project
With more than $5.6 million in working capital, debt-free Terra Mines of Edmonton is hoping its Las Minitas gold project in northwestern Mexico will get the company back on the right track. Terra, whi…
Amselco and Galactic to develop Ridgeway
Approval has been given to develop the Ridgeway gold project in South Carolina which will be a joint venture between Amselco Minerals and Vancouver-based Galactic Resources. Ridgeway Mining, a wholly-…
Perlite producer searches for sulphur
Already a major producer of perlite (a light- weight aggregate with a variety of industrial uses), Vancouver-based Aurun Mines is diversifying into sulphur. The company has joined forces with Equinox …
Newfield, T & H reach agreement on nine claims
An agreement granting T & H Resources an option to buy nine claims owned by Newfield Mines in Garrison Twp., east of Matheson, Ont., for $150,000 has been signed by the two companies. The option gives…
Omni, Noranda in joint venture
Vancouver-based Omni Resources has signed a memorandum of agreement for a joint-venture project with Noranda Exploration on the latter’s precious metals Scar property in the Yukon. The 34-claim proper…
Noranda to drill at Band-Ore bet
A deep diamond drilling program will be conducted on the No 4 zone of Band-Ore Gold Mines’ gold property in northwestern Ontario by Noranda Exploration. The drilling will commence in late August and w…
Drilling stepped up at Joe Mann mine
Diamond drilling beyond the current ore reserve outline (910,000 tons, mineable, grading 0.22 oz gold and 0.30% copper per ton) has been stepped up on surface and underground at Meston Lake’s Joe Mann…
Queries Atlantic Mining files for bankruptcy
Please let me know if I can purchase back issues with information about Peddle Lake and/or Atlantic Mining Corp. The latter went bankrupt in March, l987. R. Hreha, Robbinsdale, Minn. Yes, you can. In …